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Share-Based Compensation - Estimated Fair Value of Stock Options Using the Black-Scholes Valuation Model (Details)
6 Months Ended
Jul. 01, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Expected option term in years 6 years [1]
Expected volatility 33.80% [2]
Risk-free interest rate 1.60% [3]
Expected annual dividend yield 0.00% [4]
[1] The expected option term was calculated using the simplified method provided by Codification of Staff Accounting Bulletin Topic 14: “Share-Based Payment”.
[2] The expected volatility was determined based on the historical volatility of the Company’s common stock over the expected option term.
[3] Risk-free interest rate was based upon treasury instrument whose term was one year longer than the expected option term.
[4] The expected annual dividend yield is zero, as the Company does not have plans to issue dividends.